Farther Finance Advisors LLC Has $500,000 Stock Holdings in iShares MSCI China ETF $MCHI

Farther Finance Advisors LLC increased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,081 shares of the company’s stock after buying an additional 515 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares MSCI China ETF were worth $500,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Baker Tilly Wealth Management LLC grew its position in iShares MSCI China ETF by 21.3% during the second quarter. Baker Tilly Wealth Management LLC now owns 5,434 shares of the company’s stock worth $299,000 after buying an additional 955 shares in the last quarter. Juncture Wealth Strategies LLC grew its position in iShares MSCI China ETF by 95.2% during the second quarter. Juncture Wealth Strategies LLC now owns 38,113 shares of the company’s stock worth $2,100,000 after buying an additional 18,587 shares in the last quarter. Boltwood Capital Management grew its position in iShares MSCI China ETF by 30.2% during the second quarter. Boltwood Capital Management now owns 17,350 shares of the company’s stock worth $956,000 after buying an additional 4,025 shares in the last quarter. Gallacher Capital Management LLC grew its position in iShares MSCI China ETF by 0.9% during the second quarter. Gallacher Capital Management LLC now owns 31,375 shares of the company’s stock worth $1,729,000 after buying an additional 273 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in iShares MSCI China ETF by 420.0% during the second quarter. Parallel Advisors LLC now owns 14,300 shares of the company’s stock worth $788,000 after buying an additional 11,550 shares in the last quarter.

iShares MSCI China ETF Stock Down 0.7%

MCHI stock opened at $64.32 on Friday. The business’s 50-day simple moving average is $60.86 and its 200 day simple moving average is $56.21. The company has a market cap of $7.87 billion, a PE ratio of 13.11 and a beta of 0.49. iShares MSCI China ETF has a twelve month low of $43.70 and a twelve month high of $65.95.

iShares MSCI China ETF Company Profile

iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets.